CenturyTel earning rise on strong broadband
By: By Vince Vittore
CenturyTel today reported second-quarter revenue of $606.4 million, a slight increase from $603.6 million in second-quarter 2004...
Alcatel: North America back-end-loaded in ‘05
By: By Ed Gubbins
Alcatel reported a drop in revenue from North American customers in the second quarter as major carriers reported dips in net broadband line additions...
High-investment costs hand Covad loss
By: By Carol Wilson
Covad Communications today posted a second-quarter loss and forecast further losses for the immediate future, based on the investment required to expand its voice-over-IP business and two high-profile deployments—AOL’s high-speed Internet access service and EarthLink’s line-powered voice access trial...
Calix feeling like a million
By: By Vince Vittore
Calix announced today that its telco customers have deployed more than one million fiber and copper ports. ...
Tellabs switches over to Vinci ONTs
By: By Ed Gubbins
After a successful second quarter with better-than expected revenue (with revenue up 52% year-over-year to $463 million), equipment vendor Tellabs faces several product migration trends: Its access business is moving more toward fiber than copper, its traditional crossconnects face competition from packet-based alternatives and, most immediately, it is trading its old optical network terminals (ONTs) for new ones this quarter....
Verizon ups spending on wireless, FTTP
By: By Ed Gubbins
Verizon Communications raised its capital spending estimates for the year to address better-than-expected growth in wireless and ongoing efforts to deploy fiber-to-the-premises (FTTP), the company announced in its second-quarter earnings call Tuesday...
Hughes taps Covad
By: By Carol Wilson
Covad Communications will be the primary DSL broadband supplier to Hughes Network Systems’ new Direcway Unified Broadband service, the two companies announced today....
BellSouth leans further on Cingular
By: By Ed Gubbins
BellSouth traded big-business customers for small businesses in the second quarter amid continuing price pressure in the high-end market and traded lower-speed broadband users for higher-speed ones...
ADC acquires FONS
By: By Vince Vittore
ADC today announced it will acquire Fiber Optic Network Solutions for $172 million in cash. FONS, which provides passive optical components and fiber cable packaging, will becoming part of ADC’s Global Connectivity Group after completion of the deal...
Westell shares pummeled after soft guidance
By: By Vince Vittore
Westell Technologies reported first fiscal quarter revenues of $75.6 million, a 35% jump from the same quarter last year...
SBC earnings mixed
By: By Carol Wilson
SBC Communications delivered a mixed bag of second-quarter earnings as its earnings per share fell, due to the cost of its two mergers, but still exceeded Wall Street expectations. In addition, the company posted slightly better than expected revenues, growing 22% to $15.49 billion, but didn’t attract as many new DSL customers as expected with its low-cost new customer option...
Lucent wireline income surges
By: By Ed Gubbins
Lucent Technologies turned a profit in its wireline business (which it calls INS) on essentially flat revenue there, posting a $64 million income for the segment in its third fiscal quarter after posting a $12 million loss there in the second quarter...
Ellacoya shovels in cash from Bell Canada
By: By Vince Vittore
Ellacoya Networks announced today that it has raised a funding round of $13.5 million led by new investor BCE Capital, the venture arm of Bell Canada Enterprises...
Verizon-MCI merger problematic, says NY-PSC staff
By: By Carol Wilson
A New York Public Service Commission staff report concludes that allowing Verizon and MCI Communications to merge without imposing serious conditions would reduce competition in the mass market, enterprise, transport and special access markets...
Pannaway lands $15.6 million
By: By Marisol Mastrangelo
Pannaway Technologies completed a $15.6 million E round of funding from private investors, led by S. Robert Levine, the company’s principle investor, bringing the total private investment funding to $56.1 million....
Amedia expects revenue by end of year
By: By Vince Vittore
Amedia Networks announced it expects to book its first revenue by the end of 2005...
BT tunes in Microsoft TV
By: By Vince Vittore
Microsoft and BT announced today the U.K. carrier has signed a commercial agreement to use the Microsoft TV IPTV Edition software platform as part of its efforts to provide video over broadband. ...
Enterasys sues Foundry, Extreme over patents
By: By Ed Gubbins
Equipment vendor Enterasys Networks has filed suit against Foundry Networks and Extreme Networks today, alleging patent infringement...
Ciena’s Smith: IP shift, European growth bolster fiscal Q2 results
By: By Carol Wilson
The movement to an all Internet Protocol network is helping to pump some life into the optical transport business, which is one of a few reasons Ciena posted better-than-expected financial results Thursday, according to its CEO, Gary Smith...
Broadband boosts Ciena revenue
By: By Ed Gubbins
Ciena reported better-than-expected revenue growth in its second fiscal quarter (ending April 30), attributing the results largely to sales of its broadband DSL and core switching and transport products...
Vendors accelerate efforts to acquire IPTV market share
By: By Vince Vittore
The scramble to get into the telco IP video market--or IPTV in the current parlance--gained steam last week as ECI Telecom acquired Laurel Networks. Almost immediately after the news broke, Hammerhead Systems moved up the announcement of a new suite of Ethernet features on its aggregation platform geared toward the IPTV market....
Tellabs gaining traction with new IOC program
By: By Vince Vittore
Tellabs said its new FiberDirect Solution Purchase Program has surpassed the 100-customer mark....
ECI pays $88 million for Laurel
By: By Vince Vittore
ECI Telecom announced today that it has agreed to pay $88 million in cash to acquire Laurel Networks....
DSL port shipments up in Q1
By: By Vince Vittore
Global DSL port shipments jumped 6 percent to more than 15.1 million in the first quarter of 2005, according to newly released research from broadbandtrends.com...
Entrisphere garners funding, unveils new customer, ONTs
By: By Vince Vittore
Vendor gearing up for Tier 1 carrier deployments, but can it go it alone?...
